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FIRE (Financial Independence, Retire Early) Calculator – The Wealth Dad
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Fill in the green cells with your age, current portfolio, yearly contributions, and assumptions. The FIRE calculator shows your FIRE number, years to FIRE, and projected age at FIRE based on these inputs.
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INPUTS (edit these cells)
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Current age33
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Planned retirement age60
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Current portfolio value 60,000.00
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Annual contributions 23,500.00
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Expected annual return (e.g. 0.07 = 7%)7%
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Expected inflation rate2%
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Safe withdrawal rate (e.g. 0.04 = 4%)4%
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Annual spending in retirement (today's dollars) 55,000.00
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OUTPUTS (do NOT edit formulas)
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Years until retirement27
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Annual spending at retirement (future $) 93,878.76
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FIRE number (portfolio needed at retirement) 2,346,968.91
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Projected portfolio at retirement 2,123,201.90
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Gap to FIRE (positive = shortfall) 223,767.00
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Years to reach FIRE at current savings rate 28.29
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Age when you can reach FIRE (projection) 61.29
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Required annual contributions to hit FIRE at target age
 26,504.24
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Extra you need to invest each year 3,004.24
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Progress toward FIRE90.5%
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On-track checkBehind target
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